‘Unbeatable’ Rupee Rises 38th Consecutive Day Against US Dollar

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 38th day in a row on Tuesday. Meanwhile, it posted gains against all of the other major currencies during today’s session. The PKR barely appreciated by 0.01 percent DoD and closed at 280.67 after gaining three paisas against the US Dollar today. On a fiscal year-to-date basis (FYTD), the PKR has gained 1.14 percent against the US Dollar. The PKR was green against all of the other major currencies in the interbank market today. It was stable against the UAE Dirham (AED) and gained one paisa against the Saudi Riyal (SAR). Meanwhile, it gained 42 paisas against the Canadian Dollar (CAD). The rupee gained Rs. 1.37 against the Australian Dollar (AUD) in today’s interbank currency market. It gained 46 paisas against the Euro (EUR) and 50 paisas against the British Pound (GBP).